Historical pro forma financials according to the new segment structure

Published Nov 22, 2011 10:01 +2 GMT

Stock exchange release

Juha Rouhiainen

Metso Corporation’s stock exchange release on November 22, 2011 at 10:00 a.m. local time

In September 2011, Metso published a new segment structure, which will be effective as of 1 December 2011. The new reporting segments are Mining and Construction, Automation, and Pulp, Paper and Power. Valmet Automotive and our Recycling unit will be reported under Group Head Office and other.

Unaudited pro forma financials on a quarterly basis for 2010 and 2011 according to the new segment reporting structure are presented in the tables below. The attachment and the Metso website contain more comprehensive segment information.

The new segment structure will be implemented in the financial statements for 2011 to be published on February 9, 2012.

PRELIMINARY pro forma information by new reporting segment

Orders received

EUR million
1-3/10
4-6/10
7-9/10
10-12/10
1-3/11
4-6/11
7-9/11

Mining and Construction
559
604
643
651
841
1 185
840

Automation
177
177
174
167
220
225
180

Pulp, Paper and Power
588
830
540
625
666
1 353
794

Recycling
51
59
44
41
75
77
48

Valmet Automotive
11
17
20
36
68
66
71

Group Head Office and other
-
-
-
-
-
-
-

Group Head Office and others total
62
76
64
77
143
143
119

Intra Metso
-20
-16
-12
-22
-23
-23
-15

Metso total
1 366
1 671
1 409
1 498
1 847
2 883
1 918

Net sales

EUR million
1-3/10
4-6/10
7-9/10
10-12/10
1-3/11
4-6/11
7-9/11

Mining and Construction
472
541
563
659
560
664
678

Automation
146
156
151
197
165
176
185

Pulp, Paper and Power
513
628
558
754
635
631
593

Recycling
38
45
47
60
33
50
59

Valmet Automotive
11
17
20
36
68
66
71

Group Head Office and other
-
-
-
-
-
-
-

Group Head Office and others total
49
62
67
96
101
116
130

Intra Metso
-10
-17
-14
-19
-17
-20
-25

Metso total
1 170
1 370
1 325
1 687
1 444
1 567
1 561

EBITA before non-recurring items

EUR million
1-3/10
4-6/10
7-9/10
10-12/10
1-3/11
4-6/11
7-9/11

Mining and Construction
39,5
64,8
74,9
85,6
56,7
68,9
74,9

Automation
16,2
11,2
20,2
24,6
22,4
17,2
27,9

Pulp, Paper and Power
33,7
52,7
41,1
40,4
54,3
61,5
54,6

Recycling

0,8
1,4
2,2
2,1
-0,3
0,5
3,6

Valmet Automotive

-7,1
-1,4
0,7
3,2
2,7
2,8
1,5

Group Head Office and other

4,5
-3,7
-10,5
-6,1
-12,2
-11,1
0,5

Group Head Office and others total
-1,8
-3,7
-7,6
-0,8
-9,8
-7,8
5,6

Metso total
87,6
125,0
128,6
149,8
123,6
139,8
163,0

EBITA before non-recurring items, % of net sales

%
1-3/10
4-6/10
7-9/10
10-12/10
1-3/11
4-6/11
7-9/11

Mining and Construction
8,4
12,0
13,3
13,0
10,1
10,4
11,0

Automation
11,1
7,2
13,4
12,5
13,6
9,8
15,1

Pulp, Paper and Power
6,6
8,4
7,4
5,4
8,6
9,7
9,2

Recycling
2,1
3,1
4,7
3,5
-0,9
1,0
6,1

Valmet Automotive
-64,5
-8,2
3,5
8,9
4,0
4,2
2,1

Group Head Office and other
n/a
n/a
n/a
n/a
n/a
n/a
n/a

Group Head Office and others total
n/a
n/a
n/a
n/a
n/a
n/a
n/a

Metso total
7,5
9,1
9,7
8,9
8,6
8,9
10,4

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 29,000 employees in more than 50 countries. www.metso.com

Further information, please contact:

Harri Nikunen, CFO, Metso, tel. +358 20 484 3010

Juha Rouhiainen, VP, Investor Relations, Metso, tel. +358 20 484 3253

Metso Corporation

Harri Nikunen
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com

Attachments:

Pro forma segment data

EUR million		1-3/10	4-6/10	7-9/10	10-12/10	1-3/11	4-6/11	7-9/11
Mining and Construction		559	604	643	651	841	1 185	840
Automation		177	177	174	167	220	225	180
Pulp, Paper and Power		588	830	540	625	666	1 353	794
	Recycling	51	59	44	41	75	77	48
	Valmet Automotive	11	17	20	36	68	66	71
	Group Head Office and other	-	-	-	-	-	-	-
Group Head Office and others total		62	76	64	77	143	143	119
Intra Metso		-20	-16	-12	-22	-23	-23	-15
Metso total		1 366	1 671	1 409	1 498	1 847	2 883	1 918